Electronic Rent Payment

Category: Credit Score

The Federal Trade Commission explains your rights to access consumer reporting information that affects your credit score. You can access your credit report for free from each of the 3 credit bureaus once a year. The best way to use this to your advantage is to pull one credit report every 4 months from one of the credit bureaus: Equifax, TransUnion, or Experian. By the end of a year you will have used your 3 allotments. The only official website designated for this purpose is www.annualcreditreport.com.

Your credit score is a number that is also referred to as your FICO score. This gives lenders the ability to assess how likely your are to pay back a loan on time. The higher your credit score, the less risk they assume, and the better loan rate you receive. Continue reading →